Digital Realty Trust (DLR) has risen sharply, recording gains of 4.36% in the past 4 weeks. However, the stock has corrected -3.34% in the past 1 week, providing a good buying opportunity on dips. Digital Realty Trust (DLR) : During the past 4 weeks, traders have been relatively bearish on Digital Realty Trust (DLR), hence the stock is down -0.01% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.76% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.36% and the 50-Day Moving Average is 6.49%.
Digital Realty Trust (NYSE:DLR): The stock opened at $107.03 on Friday but the bulls could not build on the opening and the stock topped out at $107.59 for the day. The stock traded down to $105.86 during the day, due to lack of any buying support eventually closed down at $106.56 with a loss of -0.45% for the day. The stock had closed at $107.04 on the previous day. The total traded volume was 2,426,091 shares.
The company Insiders own 0.29% of Digital Realty Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.54% . Institutional Investors own 96.03% of Digital Realty Trust shares. During last six month period, the net percent change held by insiders has seen a change of -42.59%. In a related news, Geoghegan Bernard, officer (Managing Director, EMEA & APAC) of Digital Realty Trust, Inc., unloaded 586 shares at an average price of $90.7 on May 4, 2016. The total amount of the transaction was worth $53,150, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.